Price War Looms as Dangote Refinery Disrupts Fuel Market Dynamics
A fierce price battle is brewing in Nigeria’s petroleum downstream as Dangote Refinery’s petrol price cuts send shockwaves through the industry, putting pressure on importers struggling with soaring costs. With the landing cost of imported Premium Motor Spirit (PMS), also known as petrol, now at N929.26 per litre, concerns are mounting over the viability of … Read more